Eversource Energy (ES) Valuation — DCF, Graham & Comparables

Eversource Energy (ES) — Price $68.55 (closing price, October 30, 2026) — Utilities — Regulated Electric — NYSE

Latest reported results:

Valuation dashboard for Eversource Energy (ES) with P/E 17.76, P/B 1.58, EV/EBITDA 9.94 and dividend yield 4.54%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Utilities companies.

Eversource Energy operates as a public utility holding enterprise, with its core operations centered on the provision and delivery of various energy services. Its business activities are segmented into several key areas: the transmission and distribution of electricity, natural gas distribution, and water utility services. The company is actively engaged in moving electricity, including energy generated from solar facilities, and supplying natural gas to its consumers.

Analysis Summary

Eversource Energy reported revenue of $13.55B in the most recent fiscal year, growing at a 5-year CAGR of 8.8%. Net income reached $1.69B, with a 7.0% 5-year CAGR.

Trailing-twelve-month margins: gross margin 35.2%, operating margin 22.3%, net margin 10.4%.

At $68.55 (closing price, October 30, 2026), ES trades at a P/E of 17.76 and an ROE of 8.91%. Market capitalisation stands at $25.8B, placing it among large-cap names.

Balance sheet quality for ES: current ratio of 0.7. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Long-term track record: over the past decade, ES has compounded revenue at 5.5% annually and net income at 6.8%. This decade-long view smooths out cyclical fluctuations and reveals the underlying business momentum more reliably than single-year snapshots.

Valuation Ratios

P/E Ratio17.76
Price / Book1.58
EV / EBITDA9.94
Dividend Yield4.54%

Valuation Models

DCF Fair Value$-2.49
vs Current Price-103.6%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ESEversource Energy$25.8B17.761.588.9%
AEPAmerican Electric Power Company, Inc.$70.9B21.242.1610.5%
LNTAlliant Energy Corporation$18.6B19.962.3812.4%
SOThe Southern Company$107.8B22.642.6912.6%
DUKDuke Energy Corporation$99.3B19.131.819.9%
PEGPublic Service Enterprise Group Incorporated$37.0B18.492.1411.7%
EDConsolidated Edison, Inc.$43.0B19.151.678.9%
WECWEC Energy Group, Inc.$37.8B21.072.6012.8%

Price

Price$68.55 (closing price, October 30, 2026)
Market Cap$25.8B
ExchangeNYSE
CountryUS

Profitability

Return on Equity8.91%
Return on Invested Capital4.87%
Return on Assets2.29%
Gross Margin35.24%
Operating Margin22.34%
Net Margin10.35%

Related companies: AEP · LNT · SO · DUK · PEG · ED · WEC · DTE

Explore sector: Utilities · Regulated Electric

More sections of ES: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks